Bei technologischen Dienstleistungen - wie bei Dienstleistungen insgesamt - hat Deutschland seit langem ein Defizit in der Leistungsbilanz. Dies wird häufig als Indikator für die geringe Leistungsfähigkeit Deutschlands in einem wichtigen Vorleistungsbereich verstanden. Deutschlands Position...

Bei technologischen Dienstleistungen - wie bei Dienstleistungen insgesamt - hat Deutschland seit langem ein Defizit in der Leistungsbilanz. Dies wird häufig als Indikator für die geringe Leistungsfähigkeit Deutschlands in einem wichtigen Vorleistungsbereich verstanden. Deutschlands Position...

The present paper tests for the existence of multicointegration between real per capita private consumption expenditure and real per capita disposable personal income in the USA. In doing so, we exploit the fact that the flows of disposable income and consumption expenditure on the one hand, and...

In this paper we present latest facts about the R&D activities of German multinational companies abroad and R&D activities of foreign companies in Germany. These results confirm that Germany is still an attractive location for R&D activites of multinational companies in many technological...

We suggest to use information from the state register of personal cars as an alternative indicator of economic inequality in countries with a large share of shadow economy. We illustrate our approach using the Latvian pool of personal cars. Our main finding is that the extent of household...

This paper presents an empirical framework for the analysis of mothers' labor supply and child care choices, explicitly taking into account access restrictions to subsidized child care. This is particularly important for countries such as Germany, where subsidized child care is rationed and...

Parental leave and subsidized child care are prominent examples of family policies supporting the reconciliation of family life and labor market careers for mothers. In this paper, we combine different empirical strategies to evaluate the employment effects of these policies for mothers in...

This study develops a parsimonious stable coefficient money demand model for Latvia for the period from 1996 till 2005. A single cointegrating vector between the real money balances, the gross domestic product, the long-term interest rate, and the rate of inflation is found. Our study...

In this study we have addressed the relationship between the stock market, the measure of real economic activity (represented by the real GDP), the economic sentiment indicator, and real interest rate for the five European countries: Germany, France, Italy, the Netherlands, and the UK. We find...